Saturday, 31 January 2015
Last updated 17 hours ago
Mar 17 2010 | 11:25am ET
The little black rain cloud of hedge fund indices has come to rain on your St. Patrick’s Day parade.
The Lipper Hedge Fund Composite Index fell 0.29% in February; most hedge fund indices showed hedge funds bouncing back last month after a losing January.
All of Lipper’s subindices save one were in the red in February, with only managed futures funds managing a positive show (0.26%) in the industry’s most pessimistic benchmark.
On the bright side, no strategy index lost even 1% last month. 'Other hedge' strategies did the worst, falling 0.98%, followed by dedicated short-bias, which dropped 0.64% and global stock markets gained. Long-bias funds lost 0.52% and long/short equity funds 0.28%.
Event-driven funds fell 0.11%, and option arbitrage funds just 0.01%.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…